The board of directors of Chong Sing Holdings FinTech Group Limited announced that the loan receivables recovery committee of the Board has been established with effect from 31 July 2020. The Loan Receivables Recovery Committee comprises three members upon its establishment including an executive Director, namely Mr. Wong Ka Bo, Jimmy and two independent non-executive Directors, namely Mr. Bu Fan Cheng and Mr. Wang Cheng Qing. The Board announced the debt restructuring committee of the Board has been established with effect from 31 July 2020. The Debt Restructuring Committee comprises three members upon its establishment including an executive Director, namely Mr. Wong and two independent non-executive Directors, namely Mr. Bu and Ms. Zhou Zhan.